Worlds Biggest Funds

Latest News for: Worlds biggest funds

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Investment Firms and Real-Estate Developers Took Stimulus Loans Too

Wall Street Journal 07 Jul 2020

operations of a sanctioned Russian bank, a hedge fund partly owned by one of the biggest private-equity ......

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World’s Largest Pension Fund Lost the Equivalent of Bitcoin’s Entire Market Cap in Just Three Months

XBT.MONEY 06 Jul 2020

The biggest pension fund in the world lost $164.7 billion in the first quarter of 2020 ... Japan’s Government Pension Investment Fund, or GPIF, decreased in value by almost 11% to 150.63 trillion yen or $1.4 trillion. This was the fund’s steepest quarterly decline since 2008....

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Abu Dhabi's MidChains closes investment round with Mubadala backing

The National 06 Jul 2020

"Our group of world class shareholders bring a wealth of international experience that will allow us to build a global business out of Abu Dhabi .” ... Mubadala Capital was established in 2011 as the financial investment arm of Mubadala Investment Company, one of the world’s biggest sovereign wealth funds, with over $232 billion ($852bn) of assets....

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Biggest Dutch pension fund dumps Israeli banks

The Electronic Intifada 06 Jul 2020

Dutch pension fund ABP announced last month that it has stopped investing in two Israeli banks involved in Israel’s violent colonization of the occupied West Bank. ABP is the biggest pension fund in the Netherlands, and one of the world’s largest, with about $500 billion in assets....

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Saudi Arabia is more optimistic than the IMF about its economy

The National 06 Jul 2020

Saudi Arabia, the Arab world’s biggest economy, does not share the International Monetary Fund’s outlook on the kingdom's economy and is more optimistic about growth despite the impact of the Covid-19 pandemic, its central bank governor said ... The kingdom's economy is projected to rebound in 2021, expanding 3.1 per cent, according to the fund ... ....

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World’s largest pension fund loses $165 bn in worst quarter

The Times of India 05 Jul 2020

The world’s biggest pension fund posted a record loss in the first three months of 2020 after the coronavirus pandemic sparked a global market rout in the period. Japan’s Government Pension Investment Fund lost 11%, or 17.7 trillion yen ($164.7 billion), in the three months ended March, it said in Tokyo on Friday....

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Japan’s pension fund suffers worst loss since 2008

Asiatimes 04 Jul 2020

Japan’s huge public pension fund, the world’s biggest, said Friday it had suffered its largest annual loss since the global financial crisis, as markets tumbled amid the coronavirus pandemic ... It was the most the fund had shed since its eye-watering 9.3-trillion-yen loss in the ......

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Japan’s Government Pension Investment Fund reports record loss in first quarter

The National 04 Jul 2020

The world’s biggest pension fund posted a record loss in the first three months of 2020 after the coronavirus pandemic sparked a global market rout in the period. Japan’s Government Pension Investment Fund lost 11 per cent, or 17.7 trillion yen ($164.7 billion/Dh605bn), in the three months ended March, it said in Tokyo on Friday....

photo: WN / RTayco

GAP clothing store in Ginza, Tokyo, Japan.

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The world’s biggest pension fund reports record loss in first quarter

The National 04 Jul 2020

The world’s biggest pension fund posted a record loss in the first three months of 2020 after the coronavirus pandemic sparked a global market rout in the period. Japan’s Government Pension Investment Fund lost 11 per cent, or 17.7 trillion yen ($164.7 billion/Dh605bn), in the three months ended March, it said in Tokyo on Friday....

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Remittances’ effect on financial inclusion

Live Mint 03 Jul 2020

Remittances are one of the biggest sources of funds for low- and middle-income countries. However, the pandemic has disrupted them, with the World Bank recently projecting a 20% drop in inflows ... suggests data from a working paper published by the International Monetary Fund (IMF)....

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EU court rules against BlackRock tax break claim

Metro USA 02 Jul 2020

The world’s biggest asset manager had argued that it should not have to pay VAT on all the service, as special investment funds are exempt from the tax, but Britain’s tax ......

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Saudi triples VAT in unpopular virus-led austerity push

The News International 02 Jul 2020

With its vast oil wealth funding the Arab world´s biggest economy, the kingdom had for decades been able to fund massive spending with no taxes at all ... The rising cost of living may prompt many to ask why state funds are being lavished on multi-billion-dollar projects and overseas ......

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Clean Energy Projects to Get Financing From $14 Billion EU Fund

Canada Dot Com 01 Jul 2020

The first tranche of funds will come out of the wider 12.5 billion euro fund ... The fund has been set up using revenue from the sale of 450 million permits to pollute under the EU Emissions Trading System, the world’s biggest carbon market. The value of the fund increased as the EU emissions permits jumped to near its highest in a year Wednesday....